Borg-Warner Automotive Declares Quarterly Dividend
16 October 1998
Borg-Warner Automotive Declares Quarterly DividendCHICAGO, Oct. 16 -- The board of directors of Borg-Warner Automotive, Inc. declared a quarterly dividend of $0.15 per share on all of the company's issued and outstanding common stock. The dividend is payable November 16, 1998, to shareholders of record on November 2, 1998. Chicago-based Borg-Warner Automotive, Inc. is a product leader in highly engineered components and systems primarily for automotive drivetrain applications. The company operates manufacturing facilities in 12 countries serving the North American, European and Asian automotive markets.